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        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>0</OtherCompensationAmt>
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      <Form990PartVIISectionAGrp>
        <PersonNm>STEVEN B ROSENFELD</PersonNm>
        <TitleTxt>DIRECTOR</TitleTxt>
        <AverageHoursPerWeekRt>0.50</AverageHoursPerWeekRt>
        <IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
        <ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>0</OtherCompensationAmt>
      </Form990PartVIISectionAGrp>
      <Form990PartVIISectionAGrp>
        <PersonNm>GLENN KAUFHOLD</PersonNm>
        <TitleTxt>EXECUTIVE DIRECTOR</TitleTxt>
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        <OfficerInd>X</OfficerInd>
        <ReportableCompFromOrgAmt>42000</ReportableCompFromOrgAmt>
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        <OtherCompensationAmt>0</OtherCompensationAmt>
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      <Form990PartVIISectionAGrp>
        <PersonNm>JANET OSHINAYA</PersonNm>
        <TitleTxt>OUTGOING ED OF BUDGET</TitleTxt>
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        <OfficerInd>X</OfficerInd>
        <ReportableCompFromOrgAmt>38500</ReportableCompFromOrgAmt>
        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>0</OtherCompensationAmt>
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      <TotalReportableCompFromOrgAmt>80500</TotalReportableCompFromOrgAmt>
      <TotReportableCompRltdOrgAmt>0</TotReportableCompRltdOrgAmt>
      <TotalOtherCompensationAmt>0</TotalOtherCompensationAmt>
      <IndivRcvdGreaterThan100KCnt>0</IndivRcvdGreaterThan100KCnt>
      <FormerOfcrEmployeesListedInd>0</FormerOfcrEmployeesListedInd>
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      <CompensationFromOtherSrcsInd>1</CompensationFromOtherSrcsInd>
      <CntrctRcvdGreaterThan100KCnt>0</CntrctRcvdGreaterThan100KCnt>
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      <GovernmentGrantsAmt>366298</GovernmentGrantsAmt>
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        <ExclusionAmt>17370</ExclusionAmt>
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      <NetIncmFromFundraisingEvtGrp>
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      <FeesForServicesAccountingGrp>
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        <ProgramServicesAmt>132</ProgramServicesAmt>
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        <ProgramServicesAmt>6250</ProgramServicesAmt>
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        <ProgramServicesAmt>916</ProgramServicesAmt>
        <ManagementAndGeneralAmt>564</ManagementAndGeneralAmt>
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        <ManagementAndGeneralAmt>2725</ManagementAndGeneralAmt>
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        <Desc>PROGRAM EXPENSES</Desc>
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        <ProgramServicesAmt>303628</ProgramServicesAmt>
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      <OtherExpensesGrp>
        <Desc>TRANSFER OF CLRN</Desc>
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        <ProgramServicesAmt>131070</ProgramServicesAmt>
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      <OtherExpensesGrp>
        <Desc>REUNION AND ALUMNI EVEN</Desc>
        <TotalAmt>78844</TotalAmt>
        <ProgramServicesAmt>78844</ProgramServicesAmt>
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      <OtherExpensesGrp>
        <Desc>FACULTY DEVELOPMENT</Desc>
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        <ProgramServicesAmt>17388</ProgramServicesAmt>
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      <AllOtherExpensesGrp>
        <TotalAmt>29846</TotalAmt>
        <ProgramServicesAmt>20746</ProgramServicesAmt>
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      <InvestmentsPubTradedSecGrp>
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        <EOYAmt>163144</EOYAmt>
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        <EOYAmt>0</EOYAmt>
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      <TotalLiabilitiesGrp>
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      <OrganizationFollowsSFAS117Ind>X</OrganizationFollowsSFAS117Ind>
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      <TotalNetAssetsFundBalanceGrp>
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        <EOYAmt>4714682</EOYAmt>
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      <TotLiabNetAssetsFundBalanceGrp>
        <BOYAmt>4693032</BOYAmt>
        <EOYAmt>4877826</EOYAmt>
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      <InfoInScheduleOPartXIIInd>X</InfoInScheduleOPartXIIInd>
      <MethodOfAccountingAccrualInd>X</MethodOfAccountingAccrualInd>
      <AccountantCompileOrReviewInd>0</AccountantCompileOrReviewInd>
      <FSAuditedInd>1</FSAuditedInd>
      <FSAuditedBasisGrp>
        <SeparateBasisFinclStmtInd>X</SeparateBasisFinclStmtInd>
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      <AuditCommitteeInd>1</AuditCommitteeInd>
      <FederalGrantAuditRequiredInd>0</FederalGrantAuditRequiredInd>
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    <IRS990ScheduleA documentId="RetDoc1039100001">
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      <GiftsGrantsContriRcvd170Grp>
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        <CurrentTaxYearMinus3YearsAmt>1694967</CurrentTaxYearMinus3YearsAmt>
        <CurrentTaxYearMinus2YearsAmt>2133557</CurrentTaxYearMinus2YearsAmt>
        <CurrentTaxYearMinus1YearAmt>1871082</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>1461975</CurrentTaxYearAmt>
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      <TotalCalendarYear170Grp>
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        <CurrentTaxYearMinus3YearsAmt>1694967</CurrentTaxYearMinus3YearsAmt>
        <CurrentTaxYearMinus2YearsAmt>2133557</CurrentTaxYearMinus2YearsAmt>
        <CurrentTaxYearMinus1YearAmt>1871082</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>1461975</CurrentTaxYearAmt>
        <TotalAmt>8747406</TotalAmt>
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      <PublicSupportTotal170Amt>7900763</PublicSupportTotal170Amt>
      <GrossInvestmentIncome170Grp>
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        <CurrentTaxYearMinus3YearsAmt>6568</CurrentTaxYearMinus3YearsAmt>
        <CurrentTaxYearMinus2YearsAmt>18353</CurrentTaxYearMinus2YearsAmt>
        <CurrentTaxYearMinus1YearAmt>16198</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>17370</CurrentTaxYearAmt>
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      <OtherIncome170Grp>
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        <CurrentTaxYearAmt>3300</CurrentTaxYearAmt>
        <TotalAmt>19300</TotalAmt>
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      <PublicSupportPY170Pct>0.88840</PublicSupportPY170Pct>
      <ThirtyThrPctSuprtTestsCY170Ind>X</ThirtyThrPctSuprtTestsCY170Ind>
      <Form990ScheduleAPartVIGrp>
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      <ContributorInformationGrp>
        <ContributorNum>RESTRICTED</ContributorNum>
        <ContributorBusinessName>
          <BusinessNameLine1>RESTRICTED</BusinessNameLine1>
        </ContributorBusinessName>
        <ContributorUSAddress>
          <AddressLine1>RESTRICTED</AddressLine1>
          <AddressLine2>RESTRICTED</AddressLine2>
          <City>RESTRICTED</City>
          <State>RESTRICTED</State>
          <ZIPCode>RESTRICTED</ZIPCode>
        </ContributorUSAddress>
        <TotalContributionsAmt>RESTRICTED</TotalContributionsAmt>
      </ContributorInformationGrp>
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        <ContributionsAmt>264479</ContributionsAmt>
        <InvestmentEarningsOrLossesAmt>-22782</InvestmentEarningsOrLossesAmt>
        <GrantsOrScholarshipsAmt>48823</GrantsOrScholarshipsAmt>
        <EndYearBalanceAmt>2173536</EndYearBalanceAmt>
      </CYEndwmtFundGrp>
      <CYMinus1YrEndwmtFundGrp>
        <BeginningYearBalanceAmt>1406459</BeginningYearBalanceAmt>
        <ContributionsAmt>420127</ContributionsAmt>
        <InvestmentEarningsOrLossesAmt>167511</InvestmentEarningsOrLossesAmt>
        <GrantsOrScholarshipsAmt>13435</GrantsOrScholarshipsAmt>
        <EndYearBalanceAmt>1980662</EndYearBalanceAmt>
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      <CYMinus2YrEndwmtFundGrp>
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        <ContributionsAmt>974380</ContributionsAmt>
        <InvestmentEarningsOrLossesAmt>74167</InvestmentEarningsOrLossesAmt>
        <GrantsOrScholarshipsAmt>22400</GrantsOrScholarshipsAmt>
        <EndYearBalanceAmt>1406459</EndYearBalanceAmt>
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      <CYMinus3YrEndwmtFundGrp>
        <BeginningYearBalanceAmt>385167</BeginningYearBalanceAmt>
        <InvestmentEarningsOrLossesAmt>-4855</InvestmentEarningsOrLossesAmt>
        <EndYearBalanceAmt>380312</EndYearBalanceAmt>
      </CYMinus3YrEndwmtFundGrp>
      <CYMinus4YrEndwmtFundGrp>
        <BeginningYearBalanceAmt>385167</BeginningYearBalanceAmt>
        <InvestmentEarningsOrLossesAmt>10912</InvestmentEarningsOrLossesAmt>
        <OtherExpendituresAmt>-10912</OtherExpendituresAmt>
        <EndYearBalanceAmt>385167</EndYearBalanceAmt>
      </CYMinus4YrEndwmtFundGrp>
      <PrmnntEndowmentBalanceEOYPct>0.79680</PrmnntEndowmentBalanceEOYPct>
      <TermEndowmentBalanceEOYPct>0.20320</TermEndowmentBalanceEOYPct>
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      <EndowmentsHeldRelatedOrgInd>0</EndowmentsHeldRelatedOrgInd>
      <EquipmentGrp>
        <OtherCostOrOtherBasisAmt>48367</OtherCostOrOtherBasisAmt>
        <DepreciationAmt>47456</DepreciationAmt>
        <BookValueAmt>911</BookValueAmt>
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      <OtherLandBuildingsGrp>
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        <DepreciationAmt>100728</DepreciationAmt>
        <BookValueAmt>204</BookValueAmt>
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      <FootnoteTextInd>X</FootnoteTextInd>
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      <RevenueNotReportedFinclStmtAmt>-3201</RevenueNotReportedFinclStmtAmt>
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      <ExpensesNotRptFinclStmtAmt>0</ExpensesNotRptFinclStmtAmt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>PART V, LINE 4:</FormAndLineReferenceDesc>
        <ExplanationTxt>THE EARNINGS GENERATED FROM ENDOWMENT FUNDS ARE USED TO FUND ORGANIZATION'S PROGRAMS.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>PART X, LINE 2:</FormAndLineReferenceDesc>
        <ExplanationTxt>THE FOUNDATION HAS NO UNRECOGNIZED TAX BENEFITS AT JUNE 30, 2015. THE FOUNDATION'S FEDERAL AND STATE INCOME TAX RETURNS PRIOR TO FISCAL YEAR 2011 ARE CLOSED AND MANAGEMENT CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS. IF APPLICABLE, THE FOUNDATION WILL RECOGNIZE INTEREST AND PENALTIES ASSOCIATED WITH TAX MATTERS AS PART OF THE INCOME TAX PROVISION AND INCLUDE ACCRUED INTEREST AND PENALTIES WITH THE RELATED TAX LIABILITY IN THE STATEMENTS OF FINANCIAL POSITION. THERE WERE NO INTEREST OR PENALTIES PAID FOR THE YEAR ENDED JUNE 30, 2015.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>PART XI, LINE 4B - OTHER ADJUSTMENTS:</FormAndLineReferenceDesc>
        <ExplanationTxt>FUNDRAISING EXPENSES -3,201.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>PART XII, LINE 2D - OTHER ADJUSTMENTS:</FormAndLineReferenceDesc>
        <ExplanationTxt>FUNDRAISING EXPENSES 3,201.</ExplanationTxt>
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        <Event1Nm>PILA EVENT</Event1Nm>
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        <CharitableContriEvent1Amt>18171</CharitableContriEvent1Amt>
        <GrossRevenueEvent1Amt>3300</GrossRevenueEvent1Amt>
        <FoodAndBeverageEvent1Amt>3201</FoodAndBeverageEvent1Amt>
        <GrossReceiptsTotalAmt>21471</GrossReceiptsTotalAmt>
        <CharitableContributionsTotAmt>18171</CharitableContributionsTotAmt>
        <GrossRevenueTotalEventsAmt>3300</GrossRevenueTotalEventsAmt>
        <FoodAndBeverageTotalEventsAmt>3201</FoodAndBeverageTotalEventsAmt>
        <DirectExpenseSummaryEventsAmt>3201</DirectExpenseSummaryEventsAmt>
        <NetIncomeSummaryAmt>99</NetIncomeSummaryAmt>
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      <GrantsOtherAsstToIndivInUSGrp>
        <GrantTypeTxt>FELLOWSHIPS AND SCHOLARSHIPS</GrantTypeTxt>
        <RecipientCnt>143</RecipientCnt>
        <CashGrantAmt>489380</CashGrantAmt>
      </GrantsOtherAsstToIndivInUSGrp>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>PART I, LINE 2:</FormAndLineReferenceDesc>
        <ExplanationTxt>SCHOLARSHIPS ARE DISTRIBUTED AS A DIRECT PAYMENT TO THE STUDENT. STUDENTS RECEIVE DIRECT PAYMENTS FOR SUMMER FELLOWSHIPS, WHICH ARE INTENDED TO SUPPORT STUDENT'S EXPENSES (RENT, FOOD, COMMUTING EXPENSES) DURING THE TIME THEY WORK AT UNPAID SUMMER INTERNSHIPS. THE ORGANIZATION DOES NOT MONITOR THE MONIES AFTER THEY ARE GIVEN.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleI>
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      <SupplementalNonqualRtrPlanInd>0</SupplementalNonqualRtrPlanInd>
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      <InitialContractExceptionInd>0</InitialContractExceptionInd>
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        <OtherCompensationFilingOrgAmt>0</OtherCompensationFilingOrgAmt>
        <OtherCompensationRltdOrgsAmt>0</OtherCompensationRltdOrgsAmt>
        <DeferredCompensationFlngOrgAmt>0</DeferredCompensationFlngOrgAmt>
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        <TotalCompensationRltdOrgsAmt>0</TotalCompensationRltdOrgsAmt>
        <CompReportPrior990FilingOrgAmt>0</CompReportPrior990FilingOrgAmt>
        <CompReportPrior990RltdOrgsAmt>0</CompReportPrior990RltdOrgsAmt>
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        <PersonNm>JANET OSHINAYA</PersonNm>
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        <CompensationBasedOnRltdOrgsAmt>0</CompensationBasedOnRltdOrgsAmt>
        <BonusFilingOrganizationAmount>0</BonusFilingOrganizationAmount>
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        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 11</FormAndLineReferenceDesc>
        <ExplanationTxt>PRIOR TO FILING THE FORM 990 IS CIRCULATED TO THE MEMBERS OF THE BOARD OF DIRECTORS; THE TREASURER OF THE FOUNDATION REVIEWS THE FORM 990 WITH BOARD MEMBERS.</ExplanationTxt>
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        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 12C</FormAndLineReferenceDesc>
        <ExplanationTxt>THE BOARD OF DIRECTORS REVISED THE FOUNDATION'S CONFLICT OF INTEREST POLICY IN 2014-2015 TO ENSURE ITS COMPLIANCE WITH NEWLY ENACTED NEW YORK STATE LEGISLATION. THE CONFLICT OF INTEREST POLICY IS CIRCULATED TO AND REVIEWED WITH THE MEMBERS OF THE BOARD OF DIRECTORS AT THE ANNUAL MEETING; ALL DIRECTORS, BOTH VOTING AND EX OFFICIO, ARE REQUIRED TO FILL OUT THE CONFLICT OF INTEREST FORM, SETTING FORTH ALL POTENTIAL CONFLICTS THAT THEY OR THEIR RELATED PARTIES OR AFFILIATES MIGHT HAVE. THE AUDIT COMMITTEE, WHICH IS MADE UP OF INDEPENDENT DIRECTORS, IS CHARGED WITH MONITORING AND ENFORCEMENT OF THE CONFLICT OF INTEREST POLICY.</ExplanationTxt>
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        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION C, LINE 19</FormAndLineReferenceDesc>
        <ExplanationTxt>THE FOUNDATION'S CERTIFICATE OF INCORPORATION IS A PUBLIC DOCUMENT, AVAILABLE FROM THE NEW YORK STATE SECRETARY OF STATE. THE BY-LAWS, MINUTES OF BOARD MEETINGS, CONFLICT OF INTEREST POLICY, AND QUARTERLY AND ANNUAL FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST TO THE LAW SCHOOL. THIS FORM 990 IS A PUBLIC DOCUMENT, AND, AS AN ATTACHMENT TO THE FOUNDATION'S ANNUAL FILING OF FORM CHAR 500, IS AVAILABLE FROM THE NEW YORK STATE OFFICE OF THE ATTORNEY GENERAL, CHARITIES REGISTRY.</ExplanationTxt>
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